Originally Posted by
OMGitworks If you don't want to exercise the options and take the stock you need to move you ask down near the market price. Right now you are offering your contracts fro sale at almost 2x what they are worth. As with all things in the market, the choice is yours as to when and at what price. You may want to wait if you think the stock will go up, your options should go up, but time usually erodes the value of the option. You don't say what you bought them at, so only you will know the best way to go. I do feel if you lowered your ask later on, and closer to the actual spread between the contract and stock price you could easily get out, but w/o knowing your numbers and what you hope to make it's hard to say. Your account may do this automatically. You should check. Good Luck, sometimes managing a winning trade is harder than a loser! It's a nice problem to have.